skysight-inc/HackerNews huggingface dataset:
How is banning people from buying stock with the express purpose of prevent the price of that stock from going up in any way, shape, or form legal?
I forgot about that! That's another reason why I eventually stopped bothering with it.
They can do whatever they want if no one stops them. The question is simply who is the sovereign and who makes and enforces the rules. It should be clear that financial oligarchy has a prominent position doing just that in our society in the US at least.
Components: Server Side vs. Client Side
so e2e-encrypted chat is uploaded to Telegram without e2e-encryption?
How nice...
just wait until corporations realize that if your job can be done from kansas city... it can also be done from manila... and a whole new class of gigs just vanish.
Good. It's absurd that wired ISPs are trying to institute data caps. Unlike wireless providers, they don't have to compete in an auction market for spectrum. The only limitation for them is their own network infrastructure buildout, which presumably is financed using the monthly subscription costs that users pay.

If a customer pays for X mbps, they should get that X mbps.

Not to mention that most wifi-only devices have no built-in way to cap data while remaining connected. Apple News recently made headlines (https://9to5mac.com/2021/01/25/fix-apple-news-download-bug-m...) for consuming tons of background data on MacOS. And IoT devices that get hacked may end up being extremely costly for people who work from home and need that data.
Learn to Code with Infrastructure as Code
Detect GPU in browser (like a user-agent detection for the GPU)
What Does Agora ($API) Do?
Is "PLEASE REMEMBER TO PARTIALLY CLOSE THE SHARPS BIN" supposed to be an example of doing this correctly, or incorrectly? I find the notice unclear, but it's also unclear what point the author is trying to make by using this image.
There is a list on wsb of which still allow you to trade. https://www.reddit.com/r/wallstreetbets/comments/l6wrig/you_...
I see what you’re saying. But I said in another comment that Robinhood has made it super easy over the years to do all kinds of irresponsible trading and have benefited from it. Today seems like a convenient time for them to be concerned about investor risks. This and their involvement with Citadel makes it hard for me to give them the benefit of doubt.
> If Melvin Capital got out, then why was the stock still 140% shorted after that announcement? I thought that 11% of the shorted stock was from Melvin Capital, it doesn't make sense that there was no significant change in that figure.

Source?

Also potentially new shorters getting in? I shorted AMC yesterday and have made quite a bit today.
It's a short squeeze, not a pump and dump, as you describe.

In a short squeeze, the hedge funds that hold the shorts will be the ones who lose money. Although, to be fair, some gullable speculators probably will too, but the point is to make money off the hedge funds' poor trade.

The SEC can step in for pump and dump schemes, no reason for Robinhood to have taken the initiative (AFAIK).
I think it all goes to show that manipulation is a fact of life, and especially of markets. There's 0 doubt that both sides are trying to manipulate to make money from the other. Maybe some folks on WSB believe GME is fairly valued at $80 or $100, but no one with half a brain truly thinks that it's worth $400 or $4200.69 or whatever price they want. I think it'll fall right back down to $20 once this sorts itself out eventually, and I think most of the WSB crowd thinks that too. The only reason people are buying at those prices is to try to force a short squeeze, to effectively steal money from the hedge funds by forcing them to buy at irrational prices as they get margin called.

Now the hedge funds are of course trying to prevent this by calling favors from the brokers and putting out fake news that they've already closed out. Both sides are using manipulation and displaying the worst parts of our markets, our capitalism and even our character for the whole world to see.

At the end of the day, humans are greedy beings. It's totally natural, and we need to accept that. But as we accept it, we need to figure out ways to regulate that greed so that it is a force for good overall. Capitalism is based on greed, but that doesn't mean it's not the best economic system. On the whole, a group of entirely self-interested individuals can still work together in a sense to grow our economy, build new technology and make the world a better place.
Yes, but the licensing makes it easier for regulators to regulate, no? Why need a license for anything if they have no regulatory advantage?
Right. Certainly one needs to have some level of crypto on their assets?
The donut effect: How Covid-19 shapes real estate
On the opposite side, if there was no covid and my employer gave me the option to either WFH or go to the office, I would go to the office every single day. Hopefully people will have more options in the near future instead of being forced into a model they don't like whether it's the office or WFH.
> You're just being stubborn.

From my perspective, you're being willfully ignorant.

> You keep conveniently ignoring the short squeeze.

Are you honestly implying there is no short squeeze for TSLA? David Einhorn has written multiple articles on this very topic.

https://markets.businessinsider.com/news/stocks/david-einhor...
Israeli scientists say they’ve found ‘Achilles’ heel’ of cancer cells
Does Citadel use this data for anything besides HFT front running? For example, I would think not just knowing price and volume or a stock but knowing who exactly is buying it and in what quantities would end up being a far more valuable source of alpha. I'd love to learn more about the potential techniques they are using.
> what people mean by saying they "want to work from home".

Its not complicated, "I", "want", "to", "work", "from", "home".
Actual shares, no. A crypto bucket shop will show up in the short term, I can guarantee it.
Lazy and don't care if people believe me. I'm commenting on HN. I have zero horses in this race beyond entertainment.

Added source for Melvin Capital making public statements on its short position. They could be lying. But then that's securities fraud.
> Assuming that votes represent general quality

Maybe but if we let voting/karma/moderation be "perspectives" of the content rather than lossy filters, then it won't matter much.

> you need to choose who's votes you trust.

If users can freely choose their "root" in a trust tree, then it might be interesting. Each upvote confers trust and "karma".
> Our founding fathers knew power corrupts, but today's 20-somethings seem quite unaware.

The government has to be able to actively respond to the problems of the moment, and those problems will constantly change. A handcuffed government only benefits the already-powerful.

The dirty secrets of the "but the founding fathers!" argument are that (a) they knew they weren't creating a perfect set of rules in the Constitution, and planned for us to be modifying it as we learned new things and the world changes, and (b) it's failed anyway. Abstract principles listed on a page don't "protect freedom," bad actors can find ways to sneak things through (sometimes in plain sight, like that whole slavery thing that took a century to get figured out, or the followup forms of discrimination that are still with us).
I was referring to what happened yesterday by NYSE, not what Robinhood did today.
That ok, but there is also the thought that if you see a picture hanging in the wall is tilted, it is better to jt straighten it without waiting to ask permission. It is easier to ask for forgiveness than for permission.
Do they limit only on margin buys or even cash buys? Because with TD Ameritrade, they only limit with margin buys.
> And famously, the people that made it big did just that.

And not so famously the 90%+ of entrepeneurs who failed and lost everything.

Survivorship Bias is sooo rampant in SV.
You are wrong on both claims. Firefox usually still preserves
the session despite crashes, and even if it doesn't you can
still restore it again via "recently closed windows". Although I
only had to do that once, after a certain bug-riddled Windows 10
update. I have at least 300 tabs opened constantly in two
Firefox windows, and I never lost a session.

And Firefox automatically searches all tabs in addition to
bookmarks whenever you type in the address bar, and lets you
jump to that tab directly.
> since PyQt5-sip is missing from OS packages

Arguably this is a Ubuntu (Debian?) packaging bug. Upstream recommends using "PyQt5.sip" ever since PyQt 5.11, yet Ubuntu seems to package PyQt 5.14 but retaining the old "sip" name.

I wasn't aware of it, or I would've kept the (quite small) compatibility shim in v2.0.0 - I opened an issue here: https://github.com/qutebrowser/qutebrowser/issues/6082

In the meantime, you could probably symlink it instead:

ln -s /usr/lib/python3/dist-packages/sip.cpython-38-x86_64-linux-gnu.so /usr/lib/python3/dist-packages/PyQt5/

(Though you'll then run into the next issue, apparently Ubuntu 20.04 doesn't have importlib_resources packaged: https://github.com/qutebrowser/qutebrowser/issues/6084 ...)

Alternatively, either use the Ubuntu "qutebrowser" package (pre-v2.0.0), or install in a virtualenv instead:

https://github.com/qutebrowser/qutebrowser/blob/master/doc/i...

There's an option there to install a binary Qt/PyQt from PyPI, so you don't need to build anything from source. However, note that it comes without proprietary codec support.
It seems more like WSB found an exploit in financial malware and crooks are panicking that their swindle got disrupted.

What WSB is doing only works against a certain kind of predatory short position.

The “patch” is to disallow those predatory short positions, which are themselves vulnerable to well-funded activist investors.

Obviously the crooks directly involved don’t want to do that, though.
Honest question: Is there a way to circumvent these HFT firms and create a direct trading app with retailers interest in mind?

If yes I'd love to work with someone to make this happen (technical person here).
There are a couple of charitable explanations for Robinhood acting this way.

One is that most Robinhood users probably under-estimate how quickly they can sell if the price turns around quickly. There might not be enough willing buyers for all of the Robhinhood users who might be looking to get out at the same time.

Another thing is that I'm not a lawyer, but they could be worried that if the SCC finds the discussions on Reddit constitute a conspiracy to manipulate the market, and it's primarily being executed through their platform, and they're aware of the conspiracy and take no action...
Yeah, but now almost every brokerage is 0 commission unless you are trading large blocks.
> Why, for instance, did it suddenly decide that these particular chunks should be aligned to four bytes, and that this alignement (sic) should not be included in the size?

Not saying this happened here, but I have seen this type of mistake before. It was because they "simply" cast a C/C++ struct to a binary blob https://en.wikipedia.org/wiki/Data_structure_alignment#Typic... and wrote that to disk (or sent over the network in my case). So that particular compiler version and architecture-specific struct field alignment became the "official" format. It just takes one goofy mistake like that and everyone has to deal with it for years to come.
I don't see how Citadel can force them into that when that will be much more clearly market manipulation.

Though at any rate, I am not convinced Citadel had much of a stake at this point - Melvin had supposedly closed its shorts and the current short sellers were very possibly different actors.
“ Just got a tip that Citadel reloaded their shorts before they told Robinhood to stop trading $GME.

If this is true, Ken Griffin and the Robinhood founders should be in jail.

This is class warfare.”

https://mobile.twitter.com/justinkan/status/1354853920762253...
I never understood what is there to be scared about.

People buy Microsoft Word knowing they won't be able to change it, because it's closed source. However it sells well.

Do people use LibreOffice because it's Mozilla licensed and not GPL? Do all those people that don't dream about modifying Word really want to add secret proprietary features to LibreOffice?

Similarly, Oracle (the database) vs MariaDB (GPL) vs PostgreSQL (its own license, basically MIT / BSD.) There are definitely people that patch databases but I wonder how many people here decided to use one and not the other because they thought "what happens if I ever want to add something to MariaDB and nobody else must get it?"
I wonder... couldn't people do this over and over again?

how long can citadel and/or other entities hold?
Apparently in America there are huge prisons owned by private companies, traded on stock market of course.
With this scenario one can quite easily imagine that incarcerating more and more inmates for maximally long periods of time could be something that is wanted and desired.
>When the crisis hit, the firms got the blame, not their customers. Companies learned that helping their customers shoot themselves in the foot can come back to bite them, even if it was all legal and what customers wanted at the time.

Maybe it wasn't intended, but this comes across as particularly harsh victim-blaming.

Yes, the firms got some blame (and a bailout), the customers lost their homes.

Edit: I now see the retraction/clarification you just posted to another commenter. Cheers.
A lot of outsourcing was basically done with the difficulty set on hardest to get at perceived lowest labor costs. So you ended up with big time zone differences, cultural and language issues, etc.
This is objectively false. He was fined by the FTC for market manipulation.

https://www.theguardian.com/technology/2018/oct/28/elon-musk...

It's okay to like Tesla but please don't spread lies.
We have done a couple of cross-region and cross-account migrations in recent months. It's the same technology but with a different business model. Happy to chat with you about it if you're curious.
Yeah, that's my hope too. It expands the 'reasonable' region to work from by a LOT, and gets the benefit of both worlds. Honestly, a lot of companies would benefit if they used it as reason to try and ensure that on site days were synced, and any meeting of substance was held for those days.
Yeah I think you're right - I haven't read the book, but I understand the thesis and this seems like a good example of it.

Some companies can still see the writing on the wall and adapt though. When the iPhone launched Google immediately scrapped their blackberry like phone design and went all in on their v2 screen based UI. At the same time Ballmer laughed at Apple and the Palm CEO was saying even dumber stuff.

I suppose it's frustrating to see it in the comments here too. I think people are just generally bad at seeing this kind of thing even when it's right in front of them, even when in theory they're the best type of person to notice.
1. "What do you like about <company X>?"

By far, I found this to be most useful question to ask an interviewer. It tells what is the company doing well, and what things does the interviewer value. I have got various answers here.

- Some people say they like the autonomy given to them

- Some like the work enviornment

- Some like the technical challenges

- Some care about the impact the company is making

- Some like the money (not a bad thing, honestly)

For each answer you can ask for follow ups and examples. If they give a fluff answer like "I like the fast paced enviornment", its a red flag. If they have difficulty answering the question, its a red flag.

2. "What happens when something goes wrong?"

This is to know how the organization handles failure, also if you ask examples it tells you what does the organization defines as failure. Ideally you want an organization which has a no blame culture and which handles failures gracefully. Also this is the place you want to ask about on-calls.
No... Collective market manipulation is what we are calling thousands of people reading the threads on wallstreetbets and hyping stocks with one another.
> a legal case can be filed and it can go through the courts before the ban-hammer falls

Once a community that cannot be shut down is declared illegal, what happens? One of the major points of decentralized communities is that there is no effective "ban hammer" to shut them down.
[Citations needed.]

This would be significant, important news if true. Without confirmation, it's just fanning the flames.
Buy high, sell never. Everyone who bought the stock has already written it off as a complete loss. Everyone is banking on being worse off than before. They still buy it for the entertainment value and Robinhood denied them that.
This is 100% class warfare.

If you have some $GME - hold.
Selling is important because it lets people close out their positions as they need to. If Robinhood halted all trading they would have a huge mess à la the complete shutdown back in March.

Buying exposes them to additional risk in the form of potential future lawsuits.
The parent to my comment indicated what the nuances are.
I imagine wsb people expect the stock to rise, when shorters have to buy the overinflated stock to satisfy their obligations.

Wsb people knew this and exploited it, just like a hedge fund could do. However they don't have the political power of a hedge found so are now getting screwed by only being given the ability to sell not buy.

People on wsb knew exactly what they were doing. But we're stopped because some big institutional investors don't like it.

Institutional investors exploit retail investors all the time. They don't like it when it's the other way around.
> I really love Qutebrowser. I'm mostly missing autofill/password manager integration, but that's because I'm too lazy to learn to write scripts for this.

FWIW there are various existing ones you could use: https://github.com/qutebrowser/qutebrowser/tree/master/misc/...

> And the unbeatable openness and availability of The-Compiler is really appreciated!

Thanks for the nice words! :)
For what is worth, people said very similar things during RH's infinite money glitch fiasco and everyone basically forgot about it by now.
Tesla low injury rates per mile could partially be due to wealthy / environmentalist(?) owners being better drivers
You weren't a huge fund manager on TV talking down the market in real time while having your firm buy. A lot of people vested around last March, that's completely different than trying to scare people out of positions on national TV so that you can get into the position at a lower price.
"It's fine as long as they do it legally"

Why is this the pertinent question? Even if it wasn't legal, they would just re-interpret the rules in their own favor.

Additionally, this is presented as if any of us had any say whatsoever in the writing of these laws or their enforcement or non-enforcement.

It's a distinction without a difference. It implies that "if we don't like it we should change the laws". But none of us wrote the laws in the first place, and certainly if we had the power to change the laws we never would have written them this way. If we had the power to change the laws we would change them. So it's an irrelevant point.

The entire point of the situation is "these are the laws" either officially, or unofficially but in practice.
My understanding is Terms of Service have little significance in courts: whatever a company writes in its ToS, it must still comply with the laws.

Facebook banning you due to some vague ToS? No problem, your access to Facebook isn't protected by law. An app which can affect your investments and finances? I don't know if I'm this case it's legal or no, but that's a whole different level.
This used to show up often on HN but I haven't seen it in years. The best comment was from this old thread [1]:

> I enjoyed the commit message most:
>
> r11 by paracelsus on Sep 11, 2007 Diff
> Photoshop loader is DONE for now, fuck you Adobe

https://news.ycombinator.com/item?id=575122
This page has a scanned price list from October 2019.

http://www.tamaleking.com/page4.html
You implied that “the right” means everyone not on “the left” – but I thought “the right” and “the left” were labels for political ideologies.
Well the way it looks now, if they don't watch their steps they won't have a userbase with their latest trick they pulled.
Thank you for being a voice of reason. The speed at which the "wall street cabal is pulling strings and hurting the little guy!" conspiracies erupted was breathtaking.

It's a few short sellers who got wrecked. The rest of the institutional guys are fine and don't care about this except for how much money they're making.
> If I was caught in a short squeeze, this is exactly the kind of announcement I would circulate to prevent the price from going any higher

That would be securities fraud.
And, much like Facebook, if you fail to deliver the product (customer data or customer trades) to your actual customer, you're still done. Their customers are surely thrilled by this Harakiri-maneuver.
I’ll gladly be the product for 0 commission trades.
A system is what it does, not a set of mission statements.
It's crazy to me that the open source world has completely standardized on a closed (and now Microsoft) product like GitHub. I'm sure someone would have implemented this feature for them by now if it was free software.
That's great if you're building an internal tool, and in fact we use the Django Admin site for this, there exist low-code/no-code tools like Retool for things like this, it's a great type of solution.

Where this breaks down is anything customer facing, like Hey (the product Hotwire was built for), Basecamp, or things like Thread the product I work on. These products aren't forms, or CMSs, and trying to fit them into those sorts of solutions results in a bad or counter-intuitive user experience, even if somewhere deep down these are essentially "CRUD" applications.
And chances are if you're trading large blocks you have a lot of money, making you a premium customer, meaning you get free trades anyway!
Nelson vs. Robinhood FINANCIAL LLC, 1:21-cv-00777 – CourtListener.com
No aspect of a massively successful person's path can be meaningfully analyzed and replicated other than in general principles that are already obvious (be ambitious, proactive, etc.)
It's worth pointing out that the HFT pays robinhood $.02 to receive the order, and then may or may not fill the order at <= $10. These are separate happenings, and robinhood does not ever receive part of the variable price improvement.

Edit: And it is possible for the HFT to lose money when doing this, if they pay the $.02 PFOF and then pay the same price as the market.
Gme has been freezing up for a few seconds to fifteen minutes at a time for days now. Sounds like a breach to me, unless someone else ordered a halt. Robinhood itself was responsive, as were other stocks.
1. RobinHood get their money from Citadel.
2. The price was not driven by the little people but by Citadel following the trend.
3. Now Citadel want to realize some gains an instructed RobinHood that th silliness needs to stop.
4. Citadel go on the other side of the trade and sell short, as there are no more buyers.
> This has been openly known for years now.

And likely nobody cared about it, until now when there’s a huge conflict of interest for RH and they’ve chosen a side (against their users).
It's troubling how blatant this is. They clearly have confidence that they will not suffer any adverse consequences, otherwise they'd have taken more steps to cover their tracks.